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Iran signs first new style energy agreement

  ANKARA / Agencies The National Iranian Oil Company (NIOC) on Tuesday signed a new style, less restrictive, output contract with an Iranian firm, a long-awaited template for contracts it hopes will tempt foreign energy investors back to boost production after years of sanctions. “The oil ministry welcomes cooperation with all companies that can … help boost Iran’s output,” the ...

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Iraq begins radio broadcast to Mosul ahead of offensive

  BAGHDAD / Reuters Iraq launched a radio station on Tuesday to help Mosul residents stay safe during the upcoming military offensive to dislodge IS from the largest city under its control, state TV said. The radio will give instructions on possible safe exit routes, places to avoid, where to find assistance and emergency numbers to call during the offensive. ...

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Libya oil output rises as Nation exempted from OPEC supply cap

  Bloomberg Libya’s oil production rose to 500,000 barrels a day and will further advance by the end of the month as the holder of Africa’s largest crude reserves was exempt from an OPEC accord to limit production, according to an official of the state oil company. The country’s production will reach 600,000 a day by the end of October, ...

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